Signal ETHUSD Sell — H1 - June 21, 2026 06:34 GMT-4
The H1 chart of ETHUSD reveals a clear downtrend with lower highs and lower lows, consolidating between 1725-1745 since the last bullish breakout. The recent close at 1732.92 (1781924400) marks a key resistance level that failed to hold, triggering a bearish reversal. Price action shows a series of bearish candles with strong closes below prior pivots, indicating waning bullish momentum. Notably, the candle ending at 1732.46 (1781942400) closed near the low, confirming the breakdown. Volume spikes in the final few candles, particularly around 1732.46, suggest increased selling pressure validating the bearish shift. The current setup aligns with a descending channel…